Below is a list with tagged columns and company profiles.

Today's Headlines Tourism

  • Indonesia Investments' Research Report Released: February 2019 Edition

    Indonesia Investments' Research Report Released: February 2019 Edition

    On Tuesday (05/03) Indonesia Investments released the February 2019 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of February 2019 and also touches upon key international developments that impacted on the Indonesian economy.

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  • Indonesia Studying to Scrap Luxury Goods Tax on Foreign Cruise Ships & Yachts

    Indonesia Studying to Scrap Luxury Goods Tax on Foreign Cruise Ships & Yachts

    Indonesia's Finance Minister Sri Mulyani Indrawati said her ministry is currently studying the proposal to scrap the luxury goods tax (PPnBM) for the arrival of foreign cruise ships or luxury yachts into Indonesian waters. Based on Finance Ministry Regulation No. 35/PMK.010/2017, the tariff on cruise ships or luxury yachts can be as high as 75 percent as they are categorized as luxury goods.

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  • Local Festivals Form Great Strategy to Boost Local Economies

    Local Festivals Form Great Strategy to Boost Local Economies

    Events that are organized in the regions of Indonesia should be able to boost the local economies as a big number of domestic and foreign people come to visit the events. These visitors need a place to stay, eat & drink, and are usually interested in buying some local souvenirs. Hence, their money is injected in the local economy.

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  • Impact of Asian Games & IMF-World Bank Meeting on the Indonesian Economy

    Impact of Asian Games & IMF-World Bank Meeting on the Indonesian Economy

    Two international events are estimated to have a significant impact on the Indonesian economy in 2018. Firstly, the 2018 Asian Games, to be held from 18 August to 2 September 2018 in - and around - the Indonesian cities of Jakarta and Palembang. Secondly, the 2018 annual meetings of the International Monetary Fund (IMF) and World Bank Group, to be held in Nusa Dua, Bali, on 12-14 October 2018. Both events will trigger foreign exchange earnings and give rise to a boost in economic activity.

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  • Tourism in Indonesia: Rising Foreign Visitor Arrivals in February 2018

    Tourism in Indonesia: Rising Foreign Visitor Arrivals in February 2018

    Foreign visitor arrivals in Indonesia showed good growth in February 2018. Based on the latest data of Statistics Indonesia (BPS), a total of 1.2 million foreigners entered Indonesia for a short visit in the second month of 2018. This constitutes a 9.1 percent increase compared to the preceding month and a 17.4 percent increase compared to February one year ago.

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  • Foreign Visitor Arrivals in Indonesia Still Curtailed in January 2018

    Last week Indonesia's Statistics Agency (BPS) announced that a total of 1,039,639 foreigners entered Indonesia in January 2018, down 6.19 percent year-on-year (y/y) from foreign visitor arrivals in the same month one year earlier. Indonesian Tourism Minister Arief Yahya said the main reason for this weak performance is the aftermath of the Mount Agung eruption, a volcano that is located on Bali (the most popular tourist destination in Indonesia).

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  • Tourism in Indonesia: 2017 Target Not Achieved Due to Agung Eruption

    Tourism in Indonesia: 2017 Target Not Achieved Due to Agung Eruption

    In full-year 2017 Indonesia welcomed a total of 14.04 million foreign visitor arrivals, a new record high and up 21.9 percent year-on-year (y/y) from 11.52 million foreign visitor arrivals in the preceding year. However, Southeast Asia's largest economy failed to achieve its 2017 target of attracting 15 million foreign tourists. Main reason was heavy volcanic activity at Bali's Mount Agung.

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  • Tourism Industry: Where Do Indonesians Go for Their Holiday?

    Tourism Industry: Where Do Indonesians Go for Holiday?

    Last year Indonesians went on holiday, abroad, more than ever before. According to the latest data, a total of 9.1 million Indonesians visited some time abroad for their holiday in 2017, up from 8.4 million Indonesian tourists in 2016, or 8.1 million tourists in the preceding two years. What explains this rising trend?

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Latest Columns Tourism

  • Tourism & Aviation: Garuda Indonesia Opens New Route to China

    Tourism & Aviation: Garuda Indonesia Opens New Route to China

    Indonesia's national flag carrier Garuda Indonesia is ready to open a new flight route between the famous island of Bali and Chengdu (the provincial capital of Sichuan province in Southwest China) in order to cater Chinese passengers going to Bali. Arif Wibowo, General Director of Garuda Indonesia, informed that this new international route is scheduled to be opened in January 2017. He added that Chengdu has great potential in terms of boosting foreign tourist arrivals to Bali. Garuda Indonesia already flies passengers from Beijing, Shanghai and Guangzhou to Jakarta.

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  • Tour de Flores Cycling Race: Opportunity to Boost Tourism in Indonesia

    Tour de Flores Cycling Race: Opportunity to Boost Tourism in Indonesia

    In Indonesia media are currently not focused on the Giro d'Italia or the upcoming Tour de France but rather on the Tour de Flores, the first ever cycling race as well as the first ever international sporting event that is organized on the island of Flores in the province of East Nusa Tenggara. Between 18 and 23 May 2016, 160 competitors from 16 countries participate in the Tour de Flores competing for IDR 1 billion (approx. USD $75,000) in prize money over a 743-kilometer track (in five stages) across the island's spectacular landscape.

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  • Bilateral Economic Relations Belgium & Indonesia: 5th Economic Mission

    Bilateral Economic Relations Belgium & Indonesia: 5th Economic Mission

    Until 19 March, a Belgian mission - led by Princess Astrid, accompanied by four ministers and 301 participants (including 127 company representatives) - visits Indonesia in an effort to strengthen bilateral economic cooperation between both nations and boost foreign direct investment from Belgium into Indonesia. According to the Belgian Embassy, the ongoing mission in Indonesia is the fifth - and largest ever - economic mission conducted by Belgium in Southeast Asia's largest economy. Belgium is the fifth-largest investor from the European Union (EU).

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  • Tourism Indonesia: Visa-Free Visits & Impact Terrorist Attack

    Tourism Indonesia: Visa-Free Visits & Impact Terrorist Attack

    Indonesia's Tourism Minister Arief Yahya said the government plans to offer the visa-free entry facility to 84 additional countries in 2016. This facility means that foreigners from designated countries do not need to obtain a visit visa before entering Indonesian territory (for visits under 30 days). This visa-free entry facility makes it easier for foreign tourists to enter Indonesia, and therefore it should boost tourist figures and foreign exchange earnings from the tourism industry.

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  • Tourism in Indonesia: Foreign Tourist Arrivals in 2015 slightly Short of Target

    Tourism in Indonesia: Foreign Tourist Arrivals slightly Short of Target

    Indonesia was visited by 6.3 million foreign tourists in the first eight months of 2015, up 2.7 percent (y/y) from the same period last year. However, foreign visitor arrivals on Bali, the most popular tourist destination in Indonesia, fell 11.3 percent (y/y) in August due to the temporary closure of Bali's Ngurah Rai international airport as Mount Raung (located in East Java) spew volcanic ash into the sky. This led to a sharp drop in Australian tourists entering Bali.

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  • Visit Visa No Longer Required in Indonesia for 45 Countries

    Visit Visa No Longer Required in Indonesia for 45 Countries

    Recently the president issued Presidential Regulation number 69 of 2015 on Exemptions of Visit Visa (Visit Visa Regulation). Before the issuance of the Visit Visa Regulation, foreigners were obliged to obtain a Visit Visa before being able to enter Indonesia. Under the new regulation foreigners are exempted from this obligation. The Visit Visa Regulation is an attempt of the Indonesian government to boost the tourist industry and increase the number of foreign tourist in Indonesia. The Visit Visa Regulation is in force since June 10, 2015.

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  • Tourism in Indonesia: Strong Growth Visitor Arrivals on Bali

    Tourism in Indonesia: Strong Growth Visitor Arrivals on Bali

    A total of 1,555,609 foreign tourists have visited the island of Bali, the most popular tourist destination in Indonesia, in the first five months of 2015, an 11.3 percentage point growth from the same period last year. Given that the number of foreign tourists usually peaks in the period June-September it is most likely that the government’s target of welcoming 4 million foreign tourists on Bali in 2015 will be achieved, or exceeded. Most tourists that visit Bali originate from Australia, China and Japan.

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  • Booming Tourism: Hospitality Investment Conference Indonesia 2015

    Booming Tourism: Hospitality Investment Conference Indonesia 2015

    On 12-13 May, the Hospitality Investment Conference Indonesia (HICI) 2015 will be held in Jakarta. The event, a collaboration between the Jakarta International Hotels Association, the Indonesian Hotel & Restaurant Association (Perhimpunan Hotel dan Restoran Indonesia) and Sphere Conferences (the conference arm of Singapore Press Holdings Limited), aims to become the leading platform in addressing opportunities and challenges in Indonesia’s hotel and hospitality industry.

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  • Visa Policy for Short Visits to Indonesia Revised to Boost Tourism

    Visa Policy for Short Visits to Indonesia Revised to Boost Tourism

    Indonesian Minister for Economic Affairs, Sofyan Djalil, announced an economic policy package that is to be implement to boost the Indonesian economy, particularly in a move to improve the country’s current account balance, which is the broadest measurement of foreign exchange flows, including trade, services, interest payments and remittances. One new policy change involves visa-free travel into Indonesia. Starting from April 2015, Indonesia will allow foreigners from an additional 30 countries to enter Indonesia without a visa.

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  • Tourism in Indonesia: Record High Number of Foreign Visitor Arrivals

    The total number of foreign tourist arrivals to Indonesia in 2014 was 9.44 million, up 7.19 percent from the preceding year, meaning that the government target of welcoming 9.3 million foreign tourists last year was achieved. As usual, most foreign tourists entered Indonesia through the Ngurah Rai International Airport in Bali, the most famous tourist destination in the world’s largest archipelago. During the whole year of 2014 a total of 3.71 million foreigners spent some time on Bali.

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